AI assistant
AVIS BUDGET GROUP, INC. — Director's Dealing 2013
Jan 29, 2013
30956_dirs_2013-01-29_4eefda31-39cc-4c29-942c-d8828369055f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2013-01-25
Reporting Person: Wyshner David B (Sr EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-01-25 | Common Stock | M | 13889 | — | Acquired | 97305 | Direct |
| 2013-01-25 | Common Stock | F | 5356 | $21.99 | Disposed | 91949 | Direct |
| 2013-01-26 | Common Stock | M | 11582 | — | Acquired | 103531 | Direct |
| 2013-01-26 | Common Stock | F | 6006 | $21.99 | Disposed | 97525 | Direct |
| 2013-01-27 | Common Stock | M | 14455 | — | Acquired | 111980 | Direct |
| 2013-01-27 | Common Stock | F | 7495 | $21.99 | Disposed | 104485 | Direct |
| 2013-01-27 | Common Stock | M | 43365 | — | Acquired | 147850 | Direct |
| 2013-01-27 | Common Stock | F | 22485 | $21.99 | Disposed | 125365 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-01-25 | Restricted Stock Units | $0 | M | 13889 | Disposed | Common Stock (13889) | Direct | |
| 2013-01-26 | Restricted Stock Units | $0 | M | 11582 | Disposed | Common Stock (11582) | Direct | |
| 2013-01-27 | Restricted Stock Units | $0 | M | 14455 | Disposed | Common Stock (14455) | Direct | |
| 2013-01-27 | Performance Based Restricted Stock Units | $0 | M | 43365 | Disposed | Common Stock (43365) | Direct |
Footnotes
F1: Represents restricted stock units which automatically converted to Common Stock upon the vesting of such units on a one-to-one basis.
F2: Represents tax withholdings in connection with the vesting of 13,889 shares of restricted stock units.
F3: Original grant vests in three equal installments on January 25, 2013, 2014 and 2015.
F4: Represents tax withholdings in connection with the vesting of 11,582 shares of restricted stock units.
F5: Original grant vests in three equal installments on January 26, 2012, 2013 and 2014.
F6: Represents tax withholdings in connection with the vesting of 14,455 shares of restricted stock units.
F7: Original grant vests in three equal installments on January 27, 2011, 2012 and 2013.
F8: Represents tax withholdings in connection with the vesting of 43,365 shares of performance based restricted stock units.
F9: 100% of the units vested on the third anniversary of the date of grant upon the Company's achievement of certain average price-per share performance goals.
F10: Expiration date not applicable.